Bill116th CongressFiled Jul 24, 2019Economics and Public Finance
S. 2245
Maximizing America’s Prosperity Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 24, 2019)
Maximizing America's Prosperity Act of 2019
This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.
What just happenedJul 24, 2019
Read twice and referred to the Committee on the Budget.
Who’s behind it
Sen. Braun, Mike [R-IN](R-IN)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills4subjects
- Introduced in SenateJul 24, 2019
- Jul 24, 2019IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - Jul 24, 2019IntroReferral10000
Introduced in Senate